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3401 Ramona Drive
SOLD

Aleksander Nadazdin Acquires Multifamily Property In Riverside For $8.35M

3401 Ramona Drive

MultiFamily
43,064 SF
clock iconSold 1 year ago
Nicholas "Nick" Mercurio
Cray Carlson
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Summary

Sale
CALIFORNIA
MultiFamily
43,064 sqft

A multifamily property located at 3401 Ramona Dr. in Riverside has been sold for $8,350,000. The property consists of 44 units, with an average price per unit of $189,772. The total square footage of the property is 43,064, resulting in a price per square foot of $193. The sale represents a capitalization rate of 4.93%. The transaction took place on July 14, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,350,000
  • Units: 44
  • Price per Unit: $189,772
  • Total Square Footage: 43,064
  • Price per Square Foot: $193
  • Capitalization Rate: 4.93%
  • Date: July 14, 2021

Aleksander Nadazdin purchased the property from Stanley Sirott. The transaction was facilitated by brokers Cray Carlson and Nick Mercurio.

Players

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    3

  • Agents

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  • Agencies

    1

Nicholas "Nick" Mercurio's profile picture
Nicholas "Nick" Mercurio
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Associate
$8.4M Sold
Cray Carlson's profile picture

Details

Deal Summary
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SOLD
IMAGE: Cray Carlson & Nick Mercurio DATE: 07/14/2021 ADDRESS: 3401 Ramona Dr. MARKET: Riverside ASSET TYPE: Multifamily BUYER: Aleksander Nadazdin SELLER: Stanley Sirott BROKERS: Cray Carlson & Nick Mercurio SALE PRICE: $8,350,000 UNITS: 44 ~ PPU: $189,772 SF: 43,064 ~ PPSF: $193 CAP: 4.93%

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Address3401 Ramona Drive

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